Tagged ADESA
April 12, 2012 in Remarketing
Average auction prices climb above $10,000 for the first time since June 2011.
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November 8, 2011
The October 2011 'Kontos Kommentary' on current used-vehicle market conditions is presented by Adesa's chief economist Tom Kontos.
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August 17, 2011
According to Tom Kontos’ July commentary, average wholesale prices are now more than $600 below their April peak.
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August 15, 2011 in Rental Operations
KAR Auction Services, Inc. announced today that its subsidiary, ADESA, Inc., has signed a definitive agreement to acquire the equity of OPENLANE, Inc., a leading Internet-based business-to-business automotive remarketing company.
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June 15, 2011 in Vehicle Research
Adesa reports that wholesale used vehicle prices in May averaged $10,460 – down 1.1% compared to April and 0.8% lower than May 2010.
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December 15, 2010 in Remarketing
In his monthly commentary, Tom Kontos states that continued tight used vehicle supply should keep pricing solid in December and into the first few months of 2011.
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October 20, 2010
Manufacturers registered a 0.7% month-over-month price increase and a 2.7% year-over-year rise, indicating still-strong demand for off-rental program units. Fleet/lease consignors experienced a 2.1% sequential price decrease and a 1.9% annual increase, in part from strong dealer demand for rental risk and commercial fleet units.
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May 19, 2010 in Fleet Acquisition
Used-vehicle prices are achieving highs that will start to drive used-vehicle buyers to new cars, says Tom Kontos in Adesa's April Current Used Vehicle Market Conditions and Outlook.
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By Chris Brown , May 2010 in Remarketing
Rental car operators are increasing their fleet vehicles’ months in service. But do you really have to drive up hold times to survive?
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April 23, 2010 in Fleet Acquisition
ADESA, KAR's whole car auction services business, had a 30 percent increase in sales in 2009 compared to the year-ago period. Additionally, the holding company’s salvage auction services business, Insurance Auto Auctions (IAA), experienced a 9 percent growth in online sales volumes in 2009 compared to the year-ago period.
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